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Good Morning Wolf Pack,

Today's newsletter highlights Bin There Dump That, a residential-friendly dumpster rental franchise that's turned bright green bins and driveway protection into one of the lowest-cost entry points in franchising.

Enjoy!

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FRANCHISE OF THE WEEK

Bin There Dump That

Fast Facts

Background

• HQ: Mississauga, Ontario, Canada

• Founded in 2001, began franchising in 2003

• Bin There Dump That is a residential-friendly dumpster rental franchise, known for bright green, compact bins designed to fit driveways and tight residential spaces without the eyesore of a standard construction dumpster

Location Trends

Franchise Fees

• Franchise Fee: $29,000–$45,000 (varies by territory size/population)

• Royalty: billed per truck, starting around $500–$600/vehicle/month in year one and scaling up to roughly $1,355/vehicle/month by year four and beyond

• Brand Fund: also per-vehicle, roughly $1,200–$2,400/truck annually, scaling similarly by year

Financial Overview

• The below table discloses information on Bin There Dump That's franchised trucks that were open and operating for the full 2023 calendar year.

The Wolf's Take

Bin There Dump That is one of the cheapest true entry points I've seen in a while.

You're looking at a total investment under $240K, which is rare in a category that usually demands six figures just for the trucks.

The model itself is smart too. It’s a bin small enough to sit in a driveway without a permit fight, sold into a category (junk removal, cleanouts, reno debris) that isn't ever going anywhere, but the numbers don't cleanly clear my usual bar here.

Average revenue per truck sits somewhere around $274K–$294K against that investment, which works out to roughly 1.6x, and that's before you factor in that multi-truck operators (which this system pushes toward with its "City Builder" packages) could be pulling those averages in either direction.

I'd also want a hard number on total U.S. locations before calling this "under 250" with confidence…different sources have this brand anywhere from the low 200s to 275.

It just makes it a business where you need the real Item 19 in front of you, not the internet's version of it, before you write a check.

Due diligence aside, I’m a fan of this brand!

Resources

• Bin There Dump That Franchise Opportunities

• Bin There Dump That Named to Entrepreneur's Franchise 500 Hall of Fame — Business Wire

SMB TWEET OF THE WEEK

Paradox of Life - Dan Koe

Loved this tweet from Dan Koe, because it really puts into perspective how much your attention shapes your overall thoughts.

A part of life is just finding balance among the constant yin and yang, and I think it’s such a simple lesson that it’s easy to forget sometimes.

WOLF BITES

• Oregon nonprofit turns backyard fruit trees into food for people in need 🍎

• Mistral raises €3B, the largest funding round in European tech history 💶

• An AI-discovered lung drug appeared to reverse biological aging markers in a small trial 🧬

• OpenAI says it solved one of math's seven "Millennium Problems" ➗

• Anthropic researcher quits, calls AI an existential threat to humanity 😱

• What to know about Europe’s push to compete in space 🚀

• Lululemon ditches plans to open new stores as sales take a hit 📉

• 9/11 agony endures for bereaved, 25 years on 💔

That’s it for this edition of The Wolf Report. Feel free to reply with any questions or feedback. Thanks and see you next week!

— The Wolf